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World markets dive as Trump sparks trade, North Korea worries

Global stocks sank Wednesday after US President Donald Trump said he was not satisfied with talks that are aimed at averting a trade war with China. Equities were also dented by poor eurozone economic data, and as Trump cast doubt on a planned summit with North Korean leader Kim Jong Un. “Trump (is) continuing to drive uncertainty over global trade,” said analyst Joshua Mahony at trading firm IG. “European markets are following their Asian counterparts lower, as a pessimistic tone from Trump is compounded by downbeat economic data,” he added. Markets had surged Monday after US Treasury Secretary Steven Mnuchin and Chinese Vice Premier Liu He said they had agreed to pull back from imposing threatened tariffs on billions of dollars of goods, and continue talks on a variety of trade issues. However, Trump has declared that he was “not satisfied” with the status of the talks, fuelling worries that the world’s top two economies could still slug out an economically pain
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Release my kids, Olubadan of Ibadanland begs kidnappers.

The Otun Olubadan of Ibadanland, Oba Lekan Balogun, has pleaded with the kidnappers of his twin children to release them.
He made the plea while speaking with the News Agency of Nigeria (NAN) on Saturday in Ibadan.
He appealed to the kidnappers to bear with him as he does not have the money being requested.
The kidnappers initially demanded N100 million ransom and later reduced it to N40 million.
Oba Balogun said he was able to offer them N5 million which was rejected.
“The kidnappers should please bear with me and return my kids, I am ready to do anything that will make them happy.
“I don’t want to endanger the life of my kids and I am not out to fight them because there is no reason for that,’’ Balogun said.
NAN reports that gunmen on Thursday, kidnapped the five-year-old twins of Balogun from his Akobo residence in Ibadan.
The mother of the kids was said to have been hospitalised since she received the news of the kidnap with doctors battling to save her life.
The Oyo Police Public Relations Officer, Mr Adekunle Ajisebutu, said the Oyo State Police Command was doing everything possible to rescue the kidnapped children unhurt and arrest the culprits.
“The Commissioner of Police, Abiodun Odude, has consequently directed the command’s anti-kidnapping squad and other special outfits to organise a manhunt for the suspects and rescue the victims safely.
“ We assure the parents and the public that we will succeed in this task,“ Ajisebutu said.

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